
Apartment For Sale
$399,900
MLS® Number: 202605894
Land Size
2.52
Apartment For Sale
$399,900
Land Size
2.52
1826 St Peters Fourchu Rd, Grand River, Grand River, Nova Scotia
About This Property
Seize a rare opportunity to acquire a high performing turnkey investment property in a picturesque coastal setting. This fully occupied 5 unit residential building delivers immediate and stable cash flow in a region experiencing strong rental demand and extremely low vacancy, making it a secure and attractive addition to any portfolio. With a cap rate of approximately 10 percent, the property offers an exceptional return on investment. Positioned on an expansive 2.5 acre lot, it provides both privacy and long term development potential. The well maintained building features a large wrap around deck with scenic views, enhancing tenant appeal, along with an accessibility ramp that broadens usability. A key advantage is the established on site property management, handling day to day operations and tenant relations, making this a truly hands off investment. The location is ideal for tenants seeking a balanced lifestyle, with Point Michaud Beach just 15 minutes away and the amenities of St Peters including dining, shopping and services reachable in under 20 minutes. Whether you are expanding your portfolio or entering the market with a strong asset, this property combines location, stability and outstanding returns in one compelling offering. Inquire today to receive the full financial package.
Property Details
Interior Details
Appliances
Washer, Dryer - Electric, Refrigerator, Water softener, Range - Gas
Basement
Finished, Full, Walk out
Flooring
Laminate, Vinyl
Building & Exterior
Exterior Features
Wood siding
Foundation Details
Concrete Perimeter
Parking Features
Parking Space(s), Gravel
Land & Location
City Region
Grand River
Community Features
School Bus, Recreational Facilities
Lot Size Area
2.52 acres
Lot Size Dimensions
2.52
Parcel Number
75084178
Postal Code
B0E1M0
Listing & Financials
Listing Office
iLand Realty Inc.
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
iLand Realty Inc.
Mortgage Calculator
Estimated Monthly Payment
$1,965
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,965
Principal and interest only. Actual rates may vary.